Journal entries are recorded in the accounting system as the business transactions take place.
Journal entries consist of at least one debit entry and one credit entry and are usually recorded in the general ledger. The journal entries for the transactions that Lazaro Company, a manufacturer of iron, entered into in 2021 are as follows:1. January 1: Lazaro purchased $100,000 in raw materials from a supplier.Journal Entry:Raw Material Inventory [Debit] $100,000Accounts Payable [Credit] $100,0002. January 7: Lazaro requisitioned $18,000 of direct material and $30,000 of indirect material from the storeroom for use on Job A.
Journal Entry:Work in Progress [Debit] $48,000Direct Material [Debit] $18,000Indirect Material [Debit] $30,000Raw Material Inventory [Credit] $48,0003. January 17: Lazaro recorded $8,000 of direct labor and $10,000 of indirect labor on Job A.Journal Entry:Work in Progress [Debit] $18,000Direct Labor [Debit] $8,000Indirect Labor [Debit] $10,000Salaries and Wages Payable [Credit] $18,0004. January 22: Lazaro applied overhead to Job A.
Actual overhead on the job was $40,000. Estimated overhead was $44,000.Journal Entry:Work in Progress [Debit] $40,000Manufacturing Overhead [Credit] $40,0005. January 31: Lazaro closed the manufacturing overhead account using the direct method.Journal Entry:Manufacturing Overhead [Debit] $40,000Work in Progress [Credit] $40,000Note: The information provided in the given question has been analyzed, and based on that, the journal entries have been calculated.
To learn more about manufacturer of iron:
https://brainly.com/question/31918285
#SPJ11
the value of money falls. this might be because the federal reserve:____.
The value of money falls. This might be because the Federal Reserve increases the money supply or implements expansionary monetary policies that lead to inflation.
The value of money falls when there is a decrease in its purchasing power, which can be attributed to various factors. One possible reason is the actions of the Federal Reserve, the central bank of the United States. If the Federal Reserve increases the money supply by implementing expansionary monetary policies, such as lowering interest rates or engaging in quantitative easing, it can lead to an excess of money in circulation. This increase in the money supply can result in inflation, where the general price level rises, diminishing the value of each unit of currency. Inflation erodes the purchasing power of money, making goods and services more expensive over time.
Learn more about value of money here:
https://brainly.com/question/16469558
#SPJ11
The following data were extracted from the income statement of Brecca Systems Inc.:
Current Year Preceding Year
Sales $949,000 $985,500 Beginning inventories 73,440 45,650 Cost of goods sold 474,500 547,500 Ending inventories 66,440 73,440 a. Determine for each year (1) the inventory turnover and (2) the number of days' sales in inventory. Round interim calculations to the nearest dollar and the final answers to one decimal place. Assume 365 days a year.
1. Inventory turnover Current Year: _________ Preceding Year:_______ 2. Number of days' sales in inventory Days:______ Days:______
2.
The following data are taken from the financial statements of McKee Technology Inc. Terms of all sales are 2/10, n/55.
2014 2013 2012
Accounts receivable, end of year $163,800 $172,000 $178,400 Net sales on account 923,450 805,920 a. For 2013 and 2014, determine (1) the accounts receivable turnover and (2) the number of days' sales in receivables. Round answers to one decimal place. Assume a 365-day year.
2014 2013
1. Accounts receivable turnover 2. Number of days' sales in receivables days days
For the first question regarding Brecca Systems Inc.: Inventory turnover: Current Year: Cost of Goods Sold / Average Inventory = $474,500 / Beginning Inventory + Ending Inventory.
Financial 2] = $474,500 / [(73,440 + 66,440) / 2] = $474,500 / (139,880 / 2) = $474,500 / 69,940 ≈ 6.79 (rounded to two decimal places) Preceding Year: Cost of Goods Sold / Average Inventory = $547,500 / [(Beginning Inventory + Ending Inventory) / 2] = $547,500 / [(45,650 + 73,440) / 2] = $547,500 / (119,090 / 2) = $547,500 / 59,545 ≈ 9.19 (rounded to two decimal places) Number of days' sales in inventory: Current Year: 365 days / Inventory turnover = 365 / 6.79 ≈ 53.76 (rounded to one decimal place) Preceding Year: 365 days / Inventory turnover = 365 / 9.19 ≈ 39.77 (rounded to two decimal places) For the second question regarding McKee Technology Inc.: Accounts receivable turnover: 2014: Net Sales on Account / Average Accounts Receivable = $923,450 / [(Accounts Receivable, end of year + Accounts Receivable, (rounded to two decimal places) Number of days' sales in receivables: 2014: 365 days / Accounts receivable turnover = 365 / 5.50 ≈ 66.36 (rounded to two decimal places) 2013: 365 days / Accounts receivable turnover = 365 / 4.60 ≈ 79.35 (rounded to two decimal places)
learn more about Inventory here:
https://brainly.com/question/29579722
#SPJ11
Which of the following are commonly used theories of recovery in product liability cases?
A. Negligence, negligence per se, and breach of warranty.
B. Strict product liability, negligence per se, and breach of warranty.
C. Breach of warranty, negligence, and negligence per se.
D. Negligence, strict product liability, and breach of warranty.
E. Civil, criminal, and administrative.
The commonly used theories of recovery in product liability cases are D: "negligence, strict product liability, and breach of warranty".
In product liability cases, plaintiffs may seek compensation for harm or injury caused by defective or dangerous products. Different legal theories can be applied to establish the liability of the manufacturer or seller. The three commonly used theories of recovery in these cases are negligence, strict product liability, and breach of warranty.
Negligence involves proving that the defendant breached their duty of care, causing harm to the plaintiff. Strict product liability holds the manufacturer or seller responsible for injuries caused by a defective product, regardless of negligence. Breach of warranty refers to a failure to fulfill the promises or guarantees made about the product's quality or safety.
These theories provide legal frameworks for plaintiffs to seek compensation and hold responsible parties accountable for the harm caused by defective products. Each theory has its own requirements and elements that need to be established to establish liability and recover damages.
Option d is answer.
You can learn more about product liability at
https://brainly.com/question/30830242
#SPJ11
Discuss reasons why a business might choose to sell direct to customers through a website with e-commerce facilities, as opposed to through fixed (physical ‘bricks and mortar') premises.
Answer:
Businesses might prefer selling direct to customers through a website with e-commerce facilities because:
1. For covering a wider distance, distance is not a barrier.
2. For flexibility for customers, as some e-commerce even accepts cryptocurrency payments.
3. For product and price comparison.
4. For saving cost incurred from having fixed (physical ‘bricks and mortar') premises.
5. For saving the cost of paying workers.
6. For maintaining social distancing protocol given by the government especially during the pandemic. This doesn't put anyone at risk.
Explanation:
The question above asks for justifications why a business might choose to sell direct to customers through a website with e-commerce facilities rather than selling to customers through fixed (physical ‘bricks and mortar') premises.
First, selling to customers through a website with e-commerce facilities involve virtual transactions with customers paying for goods and services they are interested in over the internet. With this, customers can pay with their bank cards through e-commerce websites. While selling through fixed (physical ‘bricks and mortar') premises involve direct contact in-person with the customer and possibly payment is made in cash or through any other accepted methods.
When calculating the debt-to-equity ratio, the following is NOT included: A) Net worth. B) Credit card balances. C) Auto loan balances. D) Installment debt.
The correct answer is A. Net worth.
When calculating the debt-to-equity ratio, net worth is not included in the calculation. The debt-to-equity ratio compares a company's total debt to its shareholders' equity and is a measure of financial leverage. It indicates the proportion of debt financing relative to equity financing in a company's capital structure.
To calculate the debt-to-equity ratio, you would typically include only the company's debt obligations and exclude other items such as net worth, which represents the residual value of assets after deducting liabilities.
Credit card balances, auto loan balances, and installment debt are considered part of the company's total debt and would be included in the calculation of the debt-to-equity ratio.
To know more about Net worth visit-
brainly.com/question/31885969
#SPJ11
if long-range aggregate supply (lras) shifts right, we know for certain that there has been a. economic growth. b. an increase in ad. c. a decrease in aggregate demand (ad). d. an increase in the price level. e. a decrease in the price level.
If long-run aggregate supply (lras) shifts right, we know for certain that there has been an increase in ad. Option b
What is the long-run aggregate supply?This a curve that depicts the correlation between price level and real GDP that would exist if all prices, including nominal wages, were completely flexible; prices can vary along the LRAS, but production cannot because it represents the output at full employment.
As productivity rises or the cost of essential inputs decreases, the aggregate supply curve shifts to the right, allowing for a combination of lower inflation, more production, and lower unemployment.
Read more on LRAS here:https://brainly.com/question/15274197
#SPJ1
Matt is the curator at a large national museum. He researches and catalogs new art pieces that are submitted to the museum. What education might have been necessary for Matt to attain this position? O A. O B. O C. O D. high school diploma associate degree in performing arts bachelor's degree in art history doctorate in computer sciences
The best education for Matt to attain the position of curator at a large national museum is an Option C. bachelor's degree in art history.
A curator is a person who is in charge of the collection and display of artifacts in a museum. Curators are responsible for organizing exhibits, acquiring new collections, and keeping the existing ones in good shape, among other duties. The work of a curator demands a high degree of knowledge of the materials they handle, in addition to organizational skills and the ability to engage with the public.
Curators must typically hold a bachelor's degree in a field related to the collection they oversee. Art history, anthropology, or archaeology are popular majors for curators. Additionally, they should have experience in their particular field of expertise. Furthermore, many museums will require their curators to have a Master's degree or Ph.D. in their field or a related one. These degrees are obtained in specialized postgraduate degree programs, and they demonstrate a deeper understanding of the subject matter and a commitment to the field.
The education for Matt to attain this position would be a bachelor's degree in art history. Art history is the study of visual art throughout history. It is an academic discipline that combines cultural and historical perspectives to examine and understand visual art. In this field, you will learn about artists and their works, styles and movements, and the cultural contexts that surrounded them. This knowledge is critical to the work of curating art collections, and it will enable Matt to be efficient in his job. Therefore, the correct option is C.
The question was incomplete, Find the full content below:
Matt is the curator at a large national museum. He researches and catalogs new art pieces that are submitted to the museum. What education might have been necessary for Matt to attain this position?
A. high school diploma
B. associate degree in performing arts
C. bachelor's degree in art history
D. doctorate in computer sciences
Know more about Curators here:
https://brainly.com/question/31509339
#SPJ8
demetrius offers to sell his car to ivana for $20,000 ivana tells him she will pay him $15,000. ivana's response is
When Demetrius offers to sell his car to Ivana for $20,000, and Ivana responds that she will pay him $15,000, Ivana's response is to bargain.
Explanation:
What is Bargaining?
Bargaining is the process of negotiating the terms of a purchase or agreement in order to come to a mutually acceptable conclusion. It usually entails haggling over prices, incentives, and other factors that might be included in a transaction.Bargaining is an activity in which two or more parties seek to arrive at an agreement that is acceptable to everyone. It's a tool that may be used in a variety of settings, including business, politics, and international affairs. People haggle over the price of a car or house, and diplomats engage in arms control negotiations.
So, it's the process of reaching an agreement on the terms of a deal by negotiating or haggling between the parties involved.
Learn more about Negotiation here:
https://brainly.com/question/28461798
#SPJ11
Andre eams $4000 a month at his new job. In order to track his spending and saving, he created a monthly budget. Andre divided his income into five categories and created the following circle graph to resent the budget he created for himself. Use this circle graph to answer the following questions Monthly Budget Other, 22% Rent 33% Savings 25% utilities 8% Groceries 12%, How much more money does Andre budget for savings than for groceries and utilities? How much more money does Andre budget for savings than for groceries and utilities? write your answer as a dollar amount.
Answer:
Total income: $4,000
Other (22%) = $4,000 * 0.22 = $880
Rent (33%) = $4,000 * 0.33 = $1,320
Savings (25%) = $4,000 * 0.25 = $1,000
Utilities (8%) = $4,000 * 0.08 = $320
Groceries (12%) = $4,000 * 0.12 = $480
How much more money does Andre budget for savings than for groceries and utilities?
As seen above, Andre spends $800 in groceries and utilities ($320 + $480), and he sets aside $1,000 for saving, so he budgets $200 more for this purpose.
A company creates an identity for a product through its logo,
packaging and promotions. Customers like the product and
remember their good feelings every time they see something
about the product. They continue to buy the product and also tell
their friends about it, which increases sales. What is this an
example of?
Answer:
branding or brand mark would be my answer
Which financial statement reports the company's revenues and selling costs over a period of time?
Answer:
Income Statement
Explanation:
The income statement is among the three financial statements that a business prepare at the end of a period. It reports on business profitability.
An income statement has three parts,
The revenue section that lists all sources and the amounts of revenues for the period. Revenues include discounts received and purchase returns. The expenditure section indicates all the expenses the business incurred in generating its revenues.The income section tells whether the business made a loss or a profit. It is the difference between the revenue and the expenses..The four contemporary core project quality concepts that evolved from the quality gurus and frameworks include which of the following?
a. benchmarking
b. stakeholder satisfaction
c. assumption-based management
d. earned value management
A project manager is in charge of monitoring the project's scope, timeline, budget, and quality. The person in charge of organising, carrying out. The correct answer is c. assumption-based management.
And wrapping up a project is known as the project manager. They are responsible for making sure the project is finished within the limitations of scope, schedule, money, and quality.
The project manager is in charge of overseeing the project team, liaising with stakeholders, identifying and controlling project risks, and making sure the project is in line with the strategic objectives of the company. The project manager works closely with the product lead and key stakeholders to make sure the project satisfies their requirements and expectations.The project sponsor provides strategic direction and support for the project.
To know more about Project visit:
https://brainly.com/question/31926861
#SPJ4
What happens if you still have a balance on your credit card AFTER the company starts charging you interest?
A: The bank will make your interest payments for you
B: The bank will extend the 0% APR so you don't pay interest
C: The bank will offer you a 0% so they make no money off you
D: The bank will make money from the interest fees you pay
which known factor affects prices in the financial markets?
current taxes
media speculation
gov’t policy
foreign countries
Answer:
I think it's government policy.
Explanation:
By the time I am answering the person who asked the question has already gotten a score. So could you please say what is the correct answer? thanks.
What are some benefits and consequences to shared decision-making?
Answer:
Shared decision making has been shown to result in treatment plans that better reflect patients' goals; increase patient and physician satisfaction; improve patient-physician communication; have a positive effect on outcomes; and, sometimes reduce costs.
employees will be able to obtain a proportionately high level of profits they generate (relative to the firm) if multiple choice suppliers are loyal to the firm. their expertise is firm-specific. the cost to the firm of replacing them is high. the firm's resources are path dependent.
The expense of replacing them is considerable for the organization, which makes choice (C) the correct one. This is because your business will always be aware of how the industry is evolving due to its proactive nature.
Which corporate strategy focuses on a company's goal of preserving its current market position?The firm gains the advantage of focusing its resources and attention on the current businesses, products, and markets with the stability strategy. Companies using this method have very modest growth goals.
What is the primary goal of strategic management to accomplish?Strategic management entails giving the company a broad direction, establishing organizational goals, creating plans and policies to reach those goals, and assigning resources to carry out the plans.
To know more about proactive nature visit :-
https://brainly.com/question/13449033
#SPJ1
gauge and metric dashboard component types are based on what from a report?
Gauge and metric dashboard component types are based on data visualization from a report.
Gauge and metric dashboard components are a data visualization technique that helps you to comprehend complex data easily. It's a technique that relies on the use of graphical representation to help you comprehend data. There are several different types of gauge and metric dashboard components that can be used in data visualization. The most commonly used component types are bar charts, pie charts, and line charts.
These component types are all based on the use of data visualization techniques that help you to comprehend complex data easily. In conclusion, gauge and metric dashboard component types are based on data visualization from a report.
The use of common graphics, such as charts, plots, infographics, and even animations, to represent data is known as data visualization. In a way that is simple to comprehend, these informational visual displays convey complex data relationships and data-driven insights.
Know more about data visualization, here:
https://brainly.com/question/30328164
#SPJ11
Today, ________ are flourishing due to the increased use of market segmentation and market targeting. A) chain stores B) specialty stores C) superstores D) discount stores E) off-price stores
Today, specialty stores thrive due to the increased use of market segmentation and market targeting.
What does a marketing specialist store entail?Retailers that specialize in marketing specialty stores offer a wide range of goods in specific niches. Furniture stores, flower shops, sporting goods stores, and bookstores are examples of specialty retailers. Retailers (large and tall clothing) such as DXL Big + Tall and The Athlete's Foot (selling only athletic shoes).
Which of the following describes an online transaction between a retailer and a customer?E-commerce, also known as electronic commerce, is the transfer of products or services, funds, and data over electronic networks, most commonly the Internet. These business transactions can be B2B, B2C, C2C, or C2B (business-to-business, consumer-to-consumer, or business-to-business).
To know more about specialty store visit:-
brainly.com/question/7160004
#SPJ4
The managers at Alpha Corp. are closely observing trends in the industry. They are trying to identify factors that might have a significant influence on Alpha's business operations. Which of the following concepts is illustrated in the scenario?
Answer:
Environmental scanning
Explanation:
Environmental scanning is when information is being gathered about external forces inorder to know the factors that have impacts on a business. It is also the gathering of information on situations which allows a business create and build good customer relationship.
Business environments are dynamic and could have impacts on the success of a firm hence requires business scanning inorder to align with the trend. One the purpose of environmental scanning is to provide future business directions to an organization and also assist in analyzing the strength, weakness, opportunities and threats to an organization.
Factors that might have significant influence on business operation includes but not limited to social and demographic factors, how competitors are reacting, technology, how well customers are reacting to the company's products, creditors, legal issues etc.
One of the most common visual changes associated with aging is:
One of the most common visual changes associated with aging is presbyopia.
Presbyopia is a natural, age-related loss of the eye's ability to focus on near objects. It typically starts to become noticeable around the age of 40 and progresses as we grow older.
Presbyopia occurs due to the gradual loss of flexibility in the lens of the eye. As we age, the proteins within the lens begin to harden and lose elasticity, making it more difficult for the lens to change shape and focus on nearby objects. Additionally, the ciliary muscles, which help the lens to focus, weaken over time, further contributing to this decline in close-up vision.
The main symptom of presbyopia is difficulty focusing on close objects or small print, which may appear blurry or require more effort to read. This often leads to eyestrain, headaches, and the need to hold objects further away to see them clearly.
To manage presbyopia, individuals typically require reading glasses, bifocals, or progressive lenses. These corrective lenses can help improve near vision by providing the necessary magnification for clear focus. It is essential to have regular eye exams to monitor the progression of presbyopia and ensure that the correct prescription is being used.
In conclusion, presbyopia is a natural and common visual change associated with aging. It results from a decrease in lens flexibility and weakening of the ciliary muscles, making it more challenging to focus on near objects. Regular eye exams and appropriate corrective lenses are essential for maintaining optimal vision and quality of life as we age.
For more about presbyopia:
https://brainly.com/question/9907825
#SPJ11
Roedel Electronics produces tablet computer accessories, including integrated keyboard tablet stands that connect a keyboard to a tablet device and hold the device at a preferred angle for easy viewing and typing. Roedel produces two different sizes of integrated keyboard tablet stands, a small and a large size. Each size uses the same keyboard attachment, but the stand consists of two different pieces, a top flap and a vertical stand that differ by size. Thus, a completed integrated keyboard tablet stand consists of three subassemblies that are manufactured by Roedel: a keyboard, a top flap and a vertical stand.
Roedel's sales forecast indicates that 7000 small integrated keyboard tablet stands and 5000 large integrated keyboard tablet stands will be needed to satisfy demand during the upcoming Christmas season. Because only 500 hours of in-house manufacturing time are available, Roedel is considering purchasing some, or all, of the subassemblies from outside suppliers. If Roedel manufactures a subassembly in-house, it incurs a fixed setup cost as well as a variable manufacturing cost. The following table shows the setup cost, the manufacturing time per subassembly, the manufacturing cost per subassembly, and the cost to purchase each of the subassemblies from an outside supplier:
Manufacturing
Subassembly Setup Cost ($) Time per Unit (min.) Cost per Unit ($) Purchase Cost per Unit ($)
Keyboard 1,000 0.9 0.40 0.65
Small top flap 1,200 2.2 2.90 3.45
Large top flap 1,900 3.0 3.15 3.70
Small vertical stand 1,500 0.8 0.30 0.50
Large vertical stand 1,500 1.0 0.55 0.70
(a) Determine how many units of each subassembly Roedel should manufacture and how many units Roedel should purchase.
Variable names Value
No. of Keyboard manufactured
No. of Keyboard purchased
No. of Small top flap made
No. of Small top flap purchased
No. of Large top flap made
No. of Large top flap cartridge purchased
No. of Small vertical stand made
No. of Small vertical stand purchased
No. of Large vertical stand made
No. of Large vertical stand purchased
What is the total manufacturing and purchase cost associated with your recommendation?
$
(b) Suppose Roedel is considering purchasing new machinery to produce large top flaps. For the new machinery, the setup cost is $3000; the manufacturing time is 2.5 minutes per unit , and the manufacturing cost is $2.60 per unit. Assuming that the new machinery is purchased, determine how many units of each subassembly Roedel should manufacture and how many units of each subassembly Roedel should purchase.
Variable names Value
No. of Keyboard manufactured
No. of Keyboard purchased
No. of Small top flap made
No. of Small top flap purchased
No. of Large top flap made
No. of Large top flap cartridge purchased
No. of Small vertical stand made
No. of Small vertical stand purchased
No. of Large vertical stand made
No. of Large vertical stand purchased
What is the total manufacturing and purchase cost associated with your recommendation?
$
Do you think the new machinery should be purchased?
- Select your answer -YesNoItem 23
Explain.
The total manufacturing and purchase cost associated with this recommendation can be calculated based on the provided costs for each subassembly, including the costs for the new machinery.
What is the optimal production and purchasing strategy for Roedel Electronics in manufacturing integrated keyboard tablet stands, and should they purchase new machinery?To determine the optimal production and purchasing quantities, we need to compare the costs of manufacturing and purchasing each subassembly. By calculating the total cost for each option, we can make the most cost-effective decision.
Here are the recommended quantities for manufacturing and purchasing each subassembly:
Keyboard: Manufacture 7,000 units and purchase 0 units.
Small top flap: Manufacture 5,000 units and purchase 0 units.
Large top flap: Manufacture 0 units and purchase 5,000 units.
Small vertical stand: Manufacture 0 units and purchase 5,000 units.
Large vertical stand: Manufacture 5,000 units and purchase 0 units.
The total manufacturing and purchase cost associated with this recommendation can be calculated based on the provided costs for each subassembly.
If Roedel decides to purchase new machinery for producing large top flaps, the updated quantities for manufacturing and purchasing each subassembly are as follows:
Keyboard: Manufacture 7,000 units and purchase 0 units.
Small top flap: Manufacture 5,000 units and purchase 0 units.
Large top flap: Manufacture 0 units and purchase 5,000 units.
Small vertical stand: Manufacture 0 units and purchase 5,000 units.
Large vertical stand: Manufacture 0 units and purchase 5,000 units.
Regarding whether the new machinery should be purchased, it depends on comparing the total costs associated with the new machinery to the total costs without the new machinery.
A thorough cost analysis should be conducted to determine if the additional investment in machinery is justified by the potential cost savings in manufacturing.
Learn more about manufacturing
brainly.com/question/29489393
#SPJ11
At year-end, a trial balance showed total credits exceeding total debits by $5,000. this difference could have been caused by?
If at year-end, the trial balance shows total credits exceeding total debits by $5,000, the difference could have been caused by b) The balance of $5,800 in the Office Equipment account being entered on the trial balance as a debit of $800.
What leads to an uneven trial balance?An uneven trial balance can result most likely from balances on either the credit or debit sides being overstated or understated.
If the total credits exceed the total debits, then it means that there was a debit entry that was either understated, or a credit entry was overstated.
In this case, the debit was understated because the office equipment was not recorded at its proper amount and there was a difference of $5,000.
Options for this question include:
a) An error in the general journal where a $5,000 increase in Accounts Receivable was recorded as an increase in Cash.b) The balance of $5,800 in the Office Equipment account being entered on the trial balance as a debit of $800.c) The balance of $52,000 in Accounts Payable being entered in the trial balance as $5,000d) An error in the general journal where a $5,000 increase in Accounts Payable was recorded as a decrease in Accounts Payable.e) A net income of $5,000Find out more on an unbalanced trial balance at https://brainly.com/question/25671660
#SPJ1
1. Lakewood Laser SkinCare's ending cash balance as of January 31, 2018 (the end of its fiscal year 2017) was \$15,000. Its expected cash collections and payments for the next six months are given in the following table. a. Calculate the firm's expected ending cash balance for each month.
Expected ending cash balance: Feb 2018 - $18,000, Mar 2018 - $16,500, Apr 2018 - $14,000, May 2018 - $17,500, Jun 2018 - $20,000, Jul 2018 - $18,500.
The expected ending cash balance for each month, we start with the ending cash balance of $15,000 as of January 31, 2018. Then, we add the cash collections and subtract the cash payments for each month.
Month: February 2018
Ending Cash Balance = Previous Ending Cash Balance + Cash Collections - Cash Payments
= $15,000 + $25,000 - $23,000 = $18,000
Similarly, we can calculate the expected ending cash balance for the remaining months using the same formula.
Based on the provided cash collections and payments for the next six months, Lakewood Laser SkinCare's expected ending cash balance is projected to be $18,000 in February 2018, $16,500 in March 2018, $14,000 in April 2018, $17,500 in May 2018, $20,000 in June 2018, and $18,500 in July 2018. These estimates help in forecasting the company's cash position and ensuring appropriate financial management.
To know more about cash balance , visit:- brainly.com/question/28388417
#SPJ11
If the value of the goods and services a country produces increases while its
population stays the same, which statement must be true?
A. The country's unemployment rate has decreased.
B. The country's total GDP has decreased.
C. The country's per capita GDP has increased.
D. The country's rate of inflation has increased.
If the value of the goods and services a country produces increases while its population stays the same, "the country's per capita GDP has increased."
This is based on the idea that per capita GDP is a form of GDP measure that divides the total GDP, particularly a country with the population or number of people living in that country.
Therefore, when the value of the goods and services a country produces increases while its population stays the same, "the country's per capita GDP has increased."
Hence, in this case, the correct answer is option C. "the country's per capita GDP has increased."
Learn more here: https://brainly.com/question/17361672
Answer: The country's per capita GDP has increased. So "C" is right.
Explanation: Just took the quiz
Which scenarios can be considered effects of Sole Sister Shoe Store choosing to sell dress shoes over sneakers? Select two answers.
Answer:
Option 1 and 2
Explanation:
Complete Question
Which scenarios can be considered effects of Sole Sister Shoe Store choosing to sell dress shoes over sneakers?
CHECK ALL THAT APPLY.
High school athletes stop shopping there. The inventory of sports socks goes unsold. Publicity for the store declines. Profits decline because dress shoes cost less than sneakersSolution
Sole Sister Shoe Store chooses to sell dress shoes over sneakers because the customers of sneakers stopped shopping from the store. Sneakers are mainly purchased by the high school athletes over any other footwear. Now, they stopped shopping and hence Sole Sister Shoe Store started selling dress shoes
Also, sports socks' inventory is unsold indicating the reduction in sale of sneakers and hence the Sole Sister Shoe Store started selling dress shoes
Answer:
A - high school athletes stop shopping there.
B - The inventory of sports socks goes unsold.
Explanation:
>.<
7. Exercise 6.7 If Boeing's dollar aircraft prices increase 25% and the yen/dollar exchange rate declines 15%, Japan Air Lines is effectively facing a price increase of purchase of a Boeing 747. Boeing's margin would likely. Grade It Now Save & Continue Continue without saving Back to Assignment Attempts Average no score out of 1/1 8. Exercise 6.8 if the yen depreciated and competitor prices were unchanged. Unit labor costs in Germany approach the equivalent of USD 45 per hour, whereas in Britain unit labor costs are only the equivalent of USD 30 per hour. Why would such a large difference persist between two members of the EU free trade area? Workers in the German manufacturing sector are more productive and thus earn higher wages for time worked. % for the Britain does not participate in the EU social programs, which add to the unit labor costs of German firms.
7. if the yen has depreciated by less than 25%, then the effective price increase for Japan Air Lines would be more than 25%. Boeing's margin would likely increase due to the increase in the dollar aircraft prices.
8. These differences may persist despite the EU free trade area, as labor costs are influenced by a range of factors beyond just trade policy.
If Japan Air Lines is facing a 25% increase in Boeing's dollar aircraft prices and a 15% decline in the yen/dollar exchange rate, the effective price increase for them would depend on how much the Japanese yen has depreciated against the US dollar. If the yen has depreciated by more than 25%, then the effective price increase for Japan Air Lines would be less than 25%. However, if the yen has depreciated by less than 25%, then the effective price increase for Japan Air Lines would be more than 25%. Boeing's margin would likely increase due to the increase in the dollar aircraft prices.
The large difference in unit labor costs between Germany and Britain can be attributed to several factors. One possible reason is that workers in the German manufacturing sector are more productive and earn higher wages for the time they work. Another possible reason is that Britain does not participate in the EU social programs, which add to the unit labor costs of German firms. Additionally, there could be differences in labor regulations, tax policies, and other factors that affect labor costs in the two countries. These differences may persist despite the EU free trade area, as labor costs are influenced by a range of factors beyond just trade policy.
Learn more about trade from
https://brainly.com/question/14926566
#SPJ11
Which school faculty member should you talk to about enrolling in an AP
course?
Answer: The guidance counselor
Explanation:
Social worker is someone who helps people cope with the challenges tahtnthwy face in their lives. Social workers work with people who have addiction issues, people with disabilities, children etc.
A paraprofessional refers to someone who's specially trained to support students in school. Such oeeosn can be a teaching assistant, special education paraprofessional etc.
A registrar is the keeper of records in an educational institution whinis charged with the responsibility of registering students, and keeping their academic records.
The guidance counselor is a professional who provides career, academic, and social-emotional competencies to the students in a schoool through counseling. Such person is the faculty member smtaht you should talk to about enrolling in an AP.
course?
A data storage device that cost $20.25 was sold for $79.99. Calculate the rate of mark-up based on cost price. Select one: O A. 75.32% B. 25.32% OC. 295.01% O D. 74.68% O E. 395.01%
A data storage device that cost $20.25 was sold for $79.99. 295.01%, the rate of mark-up based on cost price. Thus, option (c) is correct.
Given information is:
The data storage device cost = $20.25The selling price of the storage device = $79.99.Cost price is:
Rate of mark-up based on the cost price = (S.P - C.P) × 100 / C.P
Rate of mark-up based on the cost price = (79.99 - 20.25) × 100 / 20.25
Rate of mark-up based on the cost price = 59.74 × 100 / 20.25
Rate of mark-up based on the cost price = 5974 / 20.25
Rate of mark-up based on the cost price = 295.01%
Therefore, option (c) is correct.
Learn more about on cost price, here:
https://brainly.com/question/30175345
#SPJ4
A corporation that reduces its level of diversification and refocuses on core businesses is:.
A corporation that reduces its level of diversification and refocuses on core businesses is engaging in a strategic move known as "divestiture."
Divestiture is the strategic movement of a company to sell off or spin off underperforming or less important components or companies to refocus on core operations that are more profitable. A corporation that reduces its level of diversification and refocuses on core businesses is engaged in the divestiture of non-core businesses.
An example of divestiture would be a company that, after years of purchasing several small, non-related businesses, decides to sell those businesses and focus solely on its primary industry. It usually happens when a company reaches a stage in its life cycle where it has outgrown some of its operations, and the effort to maintain a diversified strategy is causing organizational inefficiencies.Divestiture can also be used as a method of raising capital for other strategic purposes such as reducing debt or paying dividends to shareholders.
To know more about divestiture visit:
https://brainly.com/question/31423285
#SPJ11
Interest earned on a savings account is _____.
Explanation:
Interest earned on a savings account is everfi